Social Bonds are use of proceeds bonds that raise funds for new and existing projects with positive social outcomes. The Social Bond Principles (SBP) updated as of June 2018 promote integrity in the Social Bond market through guidelines that recommend transparency, disclosure and reporting. They are intended for use by market participants and are designed to drive the provision of information needed to increase capital allocation to social projects.

Please note that the following translations are related to both the 2017 and the 2018 SBP editions. They are being updated with the 2018 changes progressively, therefore the edition that each translation currently refers to is indicated below.